Island Park II
ResaleDeveloperTHE LAGOONS PHASE ONE L.L.C
CommunityDubai Creek Harbour
AreaAl Khairan First
Started
8 years 5 months ago15-08-2017
Handover
11 months ago24-02-2025
Status
CompleteFinished
Project Description
2B+G+10F+R,Residential+Retail.The project designed to have a concrete structure and block with internal and external finishes.
Performance Alpha
Blended: Last 90Dvs Last 12M Baseline
Stable+2%
GrowthCurrent:AED 2,435/sqft
Last 12M:AED 2,394/sqft
Momentum: Last 12Mvs Prior Year
—No sales in period
Community Compare: Last 90DDubai Creek Harbour
Discount-6%
Below AvgProject:AED 2,435/sqft
Community:AED 2,580/sqft
Liquidity: Last 12MExit Speed
Moderate18%Turnover
28Sold (Last 12M)
Supply & Demand Matrix
Island Park II averaged 18% liquidity over the last 12 months, which is considered moderate. High velocity indicates an active secondary market with easier exit potential. Lower velocity suggests long-term holds or cooling demand.
Type
Absorption (L12M)
Velocity
1 Bedroom
45 units
8 sold37 left
18%
Velocity
2 Bedrooms
66 units
11 sold55 left
17%
Velocity
3 Bedrooms
43 units
9 sold34 left
21%
Velocity
Shop
6 units
0 sold6 left
0%
Velocity
Layouts & Units (160)
| Asset Class | Inventory | Size Range | Price Range | Avg PSF | Sales | Trend | |
|---|---|---|---|---|---|---|---|
Asset Class 1 Bed FlatFloors 1-10 | Inventory 45units 10 layouts · Typically 1 parking ~5 sqm balcony | Size Range 672-830sqft | Price Range AED 1.6M - AED 2.0M | Avg PSF 2,046 | Sales 8 | Trend — | |
Asset Class 2 Bed FlatFloors 1-10 | Inventory 66units 24 layouts · Typically 1 parking 5-14 sqm balcony | Size Range 571-1,237sqft | Price Range AED 2.4M - AED 2.9M | Avg PSF 1,849 | Sales 11 | Trend — | |
Asset Class 3 Bed FlatFloors 1-10 | Inventory 43units 24 layouts · Typically 2 parking 7-47 sqm balcony | Size Range 822-2,221sqft | Price Range AED 3.5M - AED 4.7M | Avg PSF 1,763 | Sales 9 | Trend — | |
Asset Class ShopPodium | Inventory 6units 6 layouts · Typically 2.2 parking | Size Range 656-3,526sqft | Price Range — | Avg PSF — | Sales 0 | Trend — |
Grouped into 4 asset classes covering 160 units